From 1998, the Caucasian House published the "Alternativa" newspaper, which permanently was on the brink of closing for lack of funds. From the month of May 2000 to March 2001, there was a ten-month lull in the publishing of the newspaper. Later the publishers managed to recommence activity and the newspaper came out once a month (earlier it came out once in a fortnight), however, the publishers not always could afford to pay the royalties to the authors. In 2002, "Alternativa" ceased to exist. In 2004, there was another attempt of its resumption that ended in the publication of two issues, and again, the activities stopped. In October, having undergone a modification, "Alternativa" was restored as a magazine with the support of the Georgian Ministry of Culture, Monuments Protection and Sports.

"Alternativa" aims to analyze present-day Georgia's cultural situation and to show the existing world cultural situation. The newspaper explores every more or less interesting process taking place in modern Georgian literature, and it should be noted that special attention is focused on the authors who make their first steps in the world of letters. For its lifetime, the newspaper has introduced not a few talented debutants to the public and, thanks to it, many of them have already acquired a reputation of famous literary men. One of the priorities of "Alternativa" is literary criticism to achieve these goals. 

"Alternativa" periodically prepares special issues to mark significant cultural dates. Special issues were dedicated to the 250th anniversary of Goethe (a 24-page Georgian-German issue), to the 200th anniversary of Pushkin (a 16-page Georgian-Russian issue), to the 100th anniversary of Borges, to the impressionism art and its influence on Georgian painting... 

Within the framework of program financing rendered by the Georgian Ministry of Culture, Monuments Protection and Sports to the budgetary organisation, one issue of "Alternativa" was published in 2006, which includes the works of the Abkhazian, Ossetian, Russian, Azerbaijanian, Armenian and Kurd writers living in Georgia.